martes, 1 de junio de 2010
Portugal can stink the recovery!
Dow Theory says: "History repeats"
Weeks before the Greek crisis, the local people began marching due the economic emergency and the possibility of implementing austerity measures and efforts to control the fiscal deficit.
Then came the correction of the markets (almost 10%) and a black month (May).
Well now the country is Portugal:
- Tens of thousands of Lisboa workers march against austerity plan.
- The government of Portugal is committed to reduce its fiscal deficit from 9.4 to 4.6% of GDP.
- Claim bureaucrats and private sector employees to curb unemployment.
Sound familiar?
Well in Spain apparently took it more calmly the austerity measures with stoicism.
But now the red light is Portugal.
Being attentive to Portugal, could spoil the fragile stability.
Portugal Mexico Stock Exchange New York Stock Exchange Markets
Weeks before the Greek crisis, the local people began marching due the economic emergency and the possibility of implementing austerity measures and efforts to control the fiscal deficit.
Then came the correction of the markets (almost 10%) and a black month (May).
Well now the country is Portugal:
- Tens of thousands of Lisboa workers march against austerity plan.
- The government of Portugal is committed to reduce its fiscal deficit from 9.4 to 4.6% of GDP.
- Claim bureaucrats and private sector employees to curb unemployment.
Sound familiar?
Well in Spain apparently took it more calmly the austerity measures with stoicism.
But now the red light is Portugal.
Being attentive to Portugal, could spoil the fragile stability.
Portugal Mexico Stock Exchange New York Stock Exchange Markets
Etiquetas:
Markets,
Mexico Stock Exchange,
New York Stock Exchange,
Portugal
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